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AI tokens, RWA and games to stack right now
Analyst Altcoin Buzz pointed out that narratives matter in cryptocurrencies, especially when certain assets are popular Bitcoin AND Solana they are increasing while others are not moving much. Narratives serve as big clues about how people feel about the market.
The analyst explained the importance of narratives in four favorite sectors of cryptocurrencies: AI (artificial intelligence), gaming, real-world assets (RWA), and decentralized private networks (DPIN).
Growth of the artificial intelligence and gaming sectors in the cryptocurrency market
Starting with artificial intelligence, a sector currently valued at $24 billion in the cryptocurrency market, he spoke of its potential for further growth. Projects like Aave and Render have been highlighted as promising contenders within the AI narrative.
Turning to the gaming sector, the analyst noted its growing integration with blockchain technology and highlighted the potential for gaming tokens to see significant growth.
From real-world assets to decentralized networks
Real-world assets (RWA) have also been cited as a narrative that is gaining traction, with projects like Terra and Mirror Protocol known for their innovative approaches to tokenizing real-world assets.
Speaking about Centrifuge, he said the coin stands out because it offers real asset funds that you can invest in right now. For example, one pool handles the purchase of U.S. Treasury securities and another facilitates real estate bridge loans in the United States.
Additionally, the analyst touched on the importance of Decentralized Private Networks (DPINs), highlighting the growing demand for privacy-focused solutions. Projects like Secret Network and Orchid Protocol have been highlighted as noteworthy players in this narrative, offering users advanced privacy and security features.
He said his pick in this category is Arweave, a leader in decentralized file storage and other Web3 infrastructure. Arweave’s performance has been slightly better than flat, with a modest increase over the past 30 days. The analyst said that his second choice, which concludes his selections for the day, is Hive Mapper. This platform can be compared to Web3 Google Maps and operates on the Solana network.
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